If you live in Illinois, heads up on the most insane tax bill ever to be passed into law. This effectively charges every action involving digital assets (even just moving assets) with a 0.2% tax starting January 1, 2027.

Move from an exchange to your cold wallet? Taxed.

Move from your cold wallet to an exchange? Taxed.

Sell assets at a loss (no capital gains). Taxed

Illinois sucks

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